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Thailand’s Indorama to Acquire Chemical Unit Of Brazil’s Ultrapar For $1.3 Billion
August 17, 2021
Indorama Ventures, the chemical producer controlled by billionaire Aloke Lohia, has inked a $1.3 billion deal with Brazilian industrial conglomerate Ultrapar Participacoes to acquire its chemicals unit.
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Thai Energy Giant PTT Increases Renewable Target, Eyes EV Venture
August 17, 2021
PTT plans to invest $1 billion to $2 billion over the next five to six years in a facility to produce smart chassis for EVs, said senior executive for innovation.
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NIA Targets Startups to Enhance Deep-Tech Scene
August 16, 2021
The National Innovation Agency (NIA) has declared its intention to support 15 space-tech startups as part of its strategy to improve the deep-tech scene in Thailand over the next three years.
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Thailand's Exports of Historically High Value in Q2-2021
August 16, 2021
The value of Thailand’s exports in the second quarter of 2021 was recorded at 67.8 billion USD - a historically high level. Exports increased 36.2 percent - the most recorded in 44 quarters.
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Thailand GDP Expands 7.5% on Year in Q2, but Outlook is Grim
August 16, 2021
Thailand's gross domestic product grew 7.5% year on year during the three months to June, its first expansion in six quarters.
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Foxconn Finalizes Electric Vehicles Investment in Thailand, US for 2023
August 14, 2021
Foxconn confirmed at a shareholders meeting that it will establish new manufacturing facilities for electric vehicles (EVs) in Thailand and the U.S., aiming to reach mass production in 2023.
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Medical Devices to Leverage Thailand's Competitive Supply Chain
August 13, 2021
Thailand has continued to be a key supplier in the global medical trade. Thailand is ranked 20th worldwide, 6th in Asia, and 3rd in ASEAN after Singapore and Malaysia for exports.
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BCG Model Touted as Solution for Ailing Economy
August 12, 2021
The bio-, circular and green (BCG) economy is likely the best model in the short term to revitalise a Thai economy battered by Covid-19 outbreaks, says Suvit Maesincee, the former higher education, science, research and innovation minister.
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Taiwan Foxconn to Build EV Plants in US and Thailand in 2022
August 12, 2021
Production slated for 2023 as iPhone assembler aims to offset smartphone slowdown
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